Latest news
Europe’s CCS plans too expensive to be viable
Reliance on CCS to reach net-zero emissions in Europe may prove costly and ineffective, leaving taxpayers to shoulder up to EUR 140bn in subsidies, according to the report from the Institute for Energy Economics and Financial Analysis (IEEFA).
read more... 11/10/2024
Daily (10.10.2024): British gas prices fell on Wednesday as the market turned away from the geopolitical-driven gains earlier in the week
Oil prices declined slightly on Wednesday as rising US inventories weighed on the market. Brent crude fell by 0.8%, closing at $76.58 per barrel, while WTI crude slipped by 0.5%, settling at $73.24 per barrel.
read more... 10/10/2024
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Britain sets out funding model for renewable energy storage projects
Britain will offer developers of renewable energy storage projects, such as pumped hydro, a guaranteed minimum income to spur investment in technologies that help the country meet its climate targets.
read more... 10/10/2024
Renewable growth by 2030 to fall short of tripling
Paris-based energy watchdog the IEA expects renewable additions to grow by 2.7 times by 2030, according to its 2024 report. This would surpass most individual countries' targets, but fall short of the target set at last year's Cop 28 gathering of tripling growth.
read more... 10/10/2024
Uniper halts 200 MW Swedish hydrogen project
German utility Uniper has cancelled plans to develop a production facility for sustainable aviation fuels in northern Sweden, citing slower market development and the lack of necessary EU regulations.
read more... 10/10/2024